• Advertise
  • Submit a Press Release
  • About Us
NewsBTC
Bitcoin & cryptocurrency news
Crypto.com Logo
  • News
    • Bitcoin
    • Ethereum
    • Cardano
    • Dogecoin
    • Ripple
    • DeFi
    • NFT
    • Sponsored
    • Press Releases
    • Research
  • Analysis
    • Bitcoin (BTC)
    • Ethereum (ETH)
    • Cardano (ADA)
    • Chainlink (LINK)
    • Litecoin (LTC)
    • Tezos (XTZ)
    • Zcash (ZEC)
    • EOS
    • YearnFinance (YFI)
  • Learn
    • Trading Course
  • Directory
    • Crypto Businesses
    • Bitcoin Brokers
    • Casinos
    • Sportsbooks
    • Categories
  • Events
  • Play GamesTry
  • Play Casino GamesTry
  • Play FinanceTry
  • Claim 7 BTCTry
No Result
View All Result
Breaking News: Bitfinex And Crypto Bank OrionX Forged Partnership To Broaden Presence In Latin America
  • News
    • Bitcoin
    • Ethereum
    • Cardano
    • Dogecoin
    • Ripple
    • DeFi
    • NFT
    • Sponsored
    • Press Releases
    • Research
  • Analysis
    • Bitcoin (BTC)
    • Ethereum (ETH)
    • Cardano (ADA)
    • Chainlink (LINK)
    • Litecoin (LTC)
    • Tezos (XTZ)
    • Zcash (ZEC)
    • EOS
    • YearnFinance (YFI)
  • Learn
    • Trading Course
  • Directory
    • Crypto Businesses
    • Bitcoin Brokers
    • Casinos
    • Sportsbooks
    • Categories
  • Events
  • Play GamesTry
  • Play Casino GamesTry
  • Play FinanceTry
  • Claim 7 BTCTry
No Result
View All Result
Bitcoin News
No Result
View All Result
Breaking News: Bitfinex And Crypto Bank OrionX Forged Partnership To Broaden Presence In Latin America
Dogecoin Price Technical Analysis – Bullish

Dogecoin Price Technical Analysis – Bullish Bias Intact

Aayush Jindal by Aayush Jindal
8 years ago
in Technical analysis
Reading Time: 2 mins read

Key Highlights

  • Yesterday’s idea that there can be more gains in Dogecoin, and buying dips is a good option worked as prices dipped and surged higher one more time.
  • There is a major resistance building up around 77.5 Satoshis where buyers might struggle.

Dogecoin continued to gain traction as buyers remain in control, but it would be really interesting to see how long the bullish trend can continue.

77.5 Satoshis as a Barrier

One more hurdle was cleared by Dogecoin buyers recently, as 71.7 Satoshis (Yesterday’s high) was breached to set a new weekly high. There is a lot of bullish pressure, as sellers failed to gain strength. Yesterday, prices fell lower and tested the 50% Fib retracement level of the last leg and found support as predicted in yesterday’s post.

Dogecoin

Currently, the price is moving lower as a part of correction, which might face buyers around a bullish trend line formed on the hourly chart of Dogecoin. Moreover, the 50% Fib retracement level of the last leg from 58.0 Satoshis to 77.5 Satoshis is also just around the highlighted trend line. Any further losses might take the price towards the all-important support of 60.0 Satoshis. There is one more bullish trend line formed on the downside that may perhaps provide support moving ahead. Moreover, the 100 hourly simple moving average is also aligned with the highlighted support area.

On the upside, the last swing high of 77.5 Satoshis remains a barrier for buyers. It would be interesting to see whether they could succeed in piercing the same.

Intraday Support Level – 65.0 Satoshis

Intraday Resistance Level – 77.5 Satoshis

The Bullish trend is intact for Dogecoin, and it buyers manage to clear 77.5 Satoshis, then we might witness a new high. The next level of interest in that situation might be around 80.0 Satoshis.

 

Charts courtesy of Trading View

Tags: bullish trendBuyers in controlDogecoindogecoin price technical analysis
Tweet123Share196ShareSend
Aayush Jindal

Aayush Jindal

Aayush is a Senior Forex, Cryptocurrencies, and Financial Market Strategist. He specializes in market strategies and technical analysis and has spent over 15 years as a financial markets contributor and observer. He also founded an IT company and works rigorously in providing high-quality software services. Aayush possesses strong technical analytical skills and is well known for his entertaining and informative analysis of the currency, commodities, Bitcoin, and Ethereum markets. Follow him on Twitter @AayushJs.

Related Posts

NEO Token Surges 10% In The Past 24 Hours – Here’s Why

NEO Token Surges 10% In The Past 24 Hours – Here’s Why

17 hours ago
XRP

XRP Revisits $0.47 – What Can Be Expected For Short-Term Price Movement?

22 hours ago
XRP

Whales Flock To XRP, Accumulate 52 Million Tokens In Just 3 Weeks – Here’s Why

23 hours ago
Litecoin halving

Bullish Case For Litecoin Grows Stronger As LTC Halving Draws Close

2 days ago
Arbitrum

Arbitrum (ARB) Fallout: 70% Price Drop, But These Charts Reveal Its True Value

2 days ago
MATIC Price Prediction

MATIC Price Prediction: Polygon Aims Recovery To $1

3 days ago

Premium Partners

Play Finance

Top Casinos

BitStarz

BitStarz

Review · Visit
Punt Casino

Punt Casino

Review · Visit
Trust Dice

Trust Dice

Review · Visit
mBit

mBit

Review · Visit

Sportsbooks

1xBit

1xBit

Review · Visit

Press Releases

  • Unlocking Crypto Giants: Caged Beasts Eyes The Best Crypto...

    6 hours ago
  • Expert Opinion: Dogetti Outshines Render Token As An...

    13 hours ago
  • The NFT Revolutionaries Binance, Decentraland and...

    13 hours ago
  • Comparative Analysis Of Top Play-to-Earn Crypto Projects...

    13 hours ago
  • Big Eyes Coin Raises Over $40 Million: Prepare for Alt...

    13 hours ago

About Us

NewsBTC is a cryptocurrency news service that covers bitcoin news today, technical analysis & forecasts for bitcoin price and other altcoins. Here at NewsBTC, we are dedicated to enlightening everyone about bitcoin and other cryptocurrencies.

We cover BTC news related to bitcoin exchanges, bitcoin mining and price forecasts for various cryptocurrencies.

Cryptocurrency news

  • Bitcoin
  • Ethereum
  • Ripple
  • Chainlink
  • Cardano
  • EOS
  • Tezos

Technical Analysis

  • Bitcoin (BTC)
  • Ethereum (ETH)
  • Ripple (XRP)
  • Chainlink (LINK)
  • Cardano (ADA)
  • Tezos (XTZ)

Company

  • Advertising
  • Comments Policy
  • Privacy Center
  • Sitemap
  • About Us
  • Contact

© 2022 NewsBTC. All Rights Reserved.

  • News
    • Bitcoin
    • Ethereum
    • Cardano
    • Dogecoin
    • Ripple
    • DeFi
    • NFT
    • Sponsored
    • Press Releases
    • Research
  • Analysis
    • Bitcoin (BTC)
    • Ethereum (ETH)
    • Cardano (ADA)
    • Chainlink (LINK)
    • Litecoin (LTC)
    • Tezos (XTZ)
    • Zcash (ZEC)
    • EOS
    • YearnFinance (YFI)
  • Learn
    • Trading Course
  • Directory
    • Crypto Businesses
    • Bitcoin Brokers
    • Casinos
    • Sportsbooks
    • Categories
  • Events
  • Play Games
  • Play Casino Games
  • Play Finance
  • Claim 7 BTC

© 2022 NewsBTC. All Rights Reserved.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy Center or Cookie Policy.